Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 22 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
IMMO NACHTERGAELE from Gent, company number BE0438223630, closed financial year 2025 with a result of € -4,385 after tax. For that financial year IMMO NACHTERGAELE recorded a gross margin of € 151,784 and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 18,148 to € -4,385. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 1.7 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,385
▼ still € 18,148 profit in 2024
Profit after tax over the fiscal year.
€ 158,127
▲ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.5 million.
Debts at end 2025
€ 244,827
▼ 25% vs 2024
€ 82,834 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 10,961
▼ 11% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 101,077 | € 101,514 | € 143,698 | € 151,784 | ▲ 6% |
| Profit after taxes | € 6,776 | € -3,525 | € 18,148 | € -4,385 | ▼ € 22,533 |
| Equity | € 1,667,948 | € 1,664,423 | € 1,682,570 | € 1,678,185 | |
| Total debts | € 509,893 | € 534,707 | € 448,949 | € 891,400 | ▲ 99% |
| Cash | € 578,970 | € 135,215 | € 130,520 | € 158,127 | ▲ 21% |
| Land & buildings | € 1,881,827 | € 2,432,687 | € 2,355,020 | € 2,746,518 | ▲ 17% |
| Retained profit | € 1,457,948 | € 1,454,423 | € 1,472,570 | € 1,468,185 | |
| Bank debt | € 493,164 | € 413,775 | € 326,528 | € 244,827 | ▼ 25% |
| Balance sheet total | € 2,558,354 | € 2,567,902 | € 2,485,540 | € 2,906,866 | ▲ 17% |
Key figures of IMMO NACHTERGAELE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to IMMO NACHTERGAELE?
What happened at IMMO NACHTERGAELE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Joost NACHTERGAELE stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 4,385 (▼ € 22,533 vs 2024). Source: NBB ↗
- Joost NACHTERGAELE became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,776 profit in 2022 to € 4,385 loss in 2025.
Paid € 61,060 in corporate taxes since 2022.
Best year ever: 2024, with € 18,148 profit.
Management
Behind IMMO NACHTERGAELE is Steven Nachtergaele.
Directors
According to the 2025 annual accounts
Steven Nachtergaele
Director
Joost NACHTERGAELE
Director
since 2011 · until 2028
Establishments
Establishment units
Physical locations of this company
Victor Braeckmanlaan 172
9040 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.223.630
- VAT number
- BE 0438.223.630
- Registered office
- Victor Braeckmanlaan 172, 9040 Gent
- Names & denominations
- IMMO NACHTERGAELE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 August 1989
- Peppol
- Not registered